could give a good reason why people love solana based project?

[SmartGold01]

It's no longer news that people love investment on Solana base project due to many reasons that it's very accessible to many people and couple that fees are very minimal during swap and transfer but apart from this could it be that they are more profitable in terms of investment?
I am very curious to know about this since some of my friends kept pointing at solana based project which I wouldn't want to start and later maybe regrets for doing that.

The floor is open for discussion.

It cannot be logical that investors are more interested in SOL Chain's project because of SOLANA's low transaction fees.  Scammers always want to scam more money with less cost so sol can be a good opportunity for scammers then why investors prefer sol based projects?
Basically SOL Team is very active and they do a lot of investigation to officially support a project due to which the success rate of projects supported by SOL network is very high.  As you can see Tapswap used SOL's name they have built a huge community yet SOL officially says they don't support Tapswap.  Because they have researched that the future of Tapswap is not good. So they don't want to lose their investors

I think scammers will launch their actions on networks that offer low fees because they think investors will definitely choose the cheaper ones, even though in the past there were also many scammers on the ethereum network. Because scammers are everywhere, including the current solana network and the last one I saw on TON.

Scammer operates everywhere even in the bitcoin blockchain and some other networks.. in fact the easiest way for scammer is bsc that is why you find most of those unwanted tokens sent to address immediately one perform a transaction but you can't see that on bitcoin network apart from the ordinal that attacked bitcoin network which as then causes network congestion.

[dekafee79]

Scammer operates everywhere even in the bitcoin blockchain and some other networks.. in fact the easiest way for scammer is bsc that is why you find most of those unwanted tokens sent to address immediately one perform a transaction but you can't see that on bitcoin network apart from the ordinal that attacked bitcoin network which as then causes network congestion.

Yes, there are scammers on almost all networks, the most common at the moment is BSC and we also often get token shipments which are their tricks to take advantage of us, still be careful if we don't feel like buying or making transactions and don't know the coin, it's best not to accept it or just leave the token

[rizqillah]

Scammer operates everywhere even in the bitcoin blockchain and some other networks.. in fact the easiest way for scammer is bsc that is why you find most of those unwanted tokens sent to address immediately one perform a transaction but you can't see that on bitcoin network apart from the ordinal that attacked bitcoin network which as then causes network congestion.

Yes, there are scammers on almost all networks, the most common at the moment is BSC and we also often get token shipments which are their tricks to take advantage of us, still be careful if we don't feel like buying or making transactions and don't know the coin, it's best not to accept it or just leave the token

There will be many scammers on networks like solana and TON, although BSC has the most. We have to be aware of that because I also observe scammers' tricks to do their scams. I also read that there are members here who always share scammer tricks, this is quite good to read but I forgot which board.

[erus]

It seems that most of them support this Solan coin from smart contracts technology and very cheap transaction fees. I often hear about smart contracts and cheap fees from Solana. I hear both words very often from sharing telegram channels and discussions on altcoinstalks.
For smart contracts, I have never heard of them at once or learned directly about the Solana coin, but if the transaction fee can be easily checked on Binance on the withdrawl button. It turns out that the transaction fee for this Solana coin is also cheap, maybe the fee is around under 1 dollar.

[luckyledger]

Scammer operates everywhere even in the bitcoin blockchain and some other networks.. in fact the easiest way for scammer is bsc that is why you find most of those unwanted tokens sent to address immediately one perform a transaction but you can't see that on bitcoin network apart from the ordinal that attacked bitcoin network which as then causes network congestion.

Yes, there are scammers on almost all networks, the most common at the moment is BSC and we also often get token shipments which are their tricks to take advantage of us, still be careful if we don't feel like buying or making transactions and don't know the coin, it's best not to accept it or just leave the token

There will be many scammers on networks like solana and TON, although BSC has the most. We have to be aware of that because I also observe scammers' tricks to do their scams. I also read that there are members here who always share scammer tricks, this is quite good to read but I forgot which board.

If you will find it, please share it if you remember where it was! Thanks.
And, yeah - SOL with its meme craze is a big hub for tokens to be rugged, TON - as well.

[vegasus]

There will be many scammers on networks like solana and TON, although BSC has the most. We have to be aware of that because I also observe scammers' tricks to do their scams. I also read that there are members here who always share scammer tricks, this is quite good to read but I forgot which board.

Scammers are really everywhere. and they will always be there especially on networks that are currently hyped. Because they understand that there will be many potential victims who are FOMO and can be easily exploited to become victims of scams. moreover, the Solana network is the same as other networks where this is the realm of scammers who easily apply scam methods that are actually quite the same as before, but there are still many people who are fooled and eventually become victims of scams.

[enoch_from_off]

There will be many scammers on networks like solana and TON, although BSC has the most. We have to be aware of that because I also observe scammers' tricks to do their scams. I also read that there are members here who always share scammer tricks, this is quite good to read but I forgot which board.

Scammers are really everywhere. and they will always be there especially on networks that are currently hyped. Because they understand that there will be many potential victims who are FOMO and can be easily exploited to become victims of scams. moreover, the Solana network is the same as other networks where this is the realm of scammers who easily apply scam methods that are actually quite the same as before, but there are still many people who are fooled and eventually become victims of scams.

Especially with memes still rampant on SOL, it's no wonder that people go and get rugged for no apparent reason.
So all of us should stay vigilant if we deal with such a project or any other, though, usually something with real and good use cases can be more credible and checked via more metrics, facts, etc.

[Cantsay]

Especially with memes still rampant on SOL, it's no wonder that people go and get rugged for no apparent reason.
So all of us should stay vigilant if we deal with such a project or any other, though, usually something with real and good use cases can be more credible and checked via more metrics, facts, etc.

I remember when I was added to a degen group, and according to them they’ll send a  token and those in the group are to buy it and sell it when there is a slight price difference - I stayed in the group and watched for some time and before I finally left the group so many people were crying ( they had a discussion group and a channel where they post the token details), after sending the token contract address you’ll see many people swarming into the discussion group to complain that the x amount they used has gone to zero and the price of the token is now worth nothing (all these happened less than 5 minutes after the details were dropped) and funny enough they’ll still jump on the next project that will be released in the chat.

[doc]

There will be many scammers on networks like solana and TON, although BSC has the most. We have to be aware of that because I also observe scammers' tricks to do their scams. I also read that there are members here who always share scammer tricks, this is quite good to read but I forgot which board.

Scammers are really everywhere. and they will always be there especially on networks that are currently hyped. Because they understand that there will be many potential victims who are FOMO and can be easily exploited to become victims of scams. moreover, the Solana network is the same as other networks where this is the realm of scammers who easily apply scam methods that are actually quite the same as before, but there are still many people who are fooled and eventually become victims of scams.

Based on my observations the scammers' tricks and strategies are always changing and updated, so it is actually difficult to detect tricks from them if we are not focused and analysis we can be fooled. And as you say the network that is fomo will be a lot of scammers launch a trap if we are not careful because they use the matter. And I have also been a victim of fraud in the past, although not much, but that is an experience for me so that I have to be more careful in the future.

[Azharul]

Scammer operates everywhere even in the bitcoin blockchain and some other networks.. in fact the easiest way for scammer is bsc that is why you find most of those unwanted tokens sent to address immediately one perform a transaction but you can't see that on bitcoin network apart from the ordinal that attacked bitcoin network which as then causes network congestion.

Yes, there are scammers on almost all networks, the most common at the moment is BSC and we also often get token shipments which are their tricks to take advantage of us, still be careful if we don't feel like buying or making transactions and don't know the coin, it's best not to accept it or just leave the token

I think that you could express your best opinion in this post. So i am also agree with your comment. If we follow in cryptocurrency market, we can see that solana price is also better in cryptocurrency market. I also love in solana currency, because we know that transaction fee is very lower than others crypto currency in cryptocurrency market. So i believe that it’s the best opportunity for transaction in cryptocurrency market. So i think that solana currency is very perfect for investment and hold.

[Aanuoluwatofunmi]

People will always be interested on projects that are promising and this is one of the things that they have seen with Solana project, when they invest in them, they are mostly profitable and you cant expect the investors going somewhere elsewhere to look for the same thing they can achieve getting from Solana network or project, the more they are accepting for its use the better its becoming.

[LogitechMouse]

Re: could give a good reason why people love solana based project?

Love Solana-based projects? Eh?
I don't know if the term "love" is applicable in investing TBH. I would change the word "love" to "choose to invest". That would be a better sentence to read.

Anyway, it's the hype that caused the investors to invest more into these Solana-based projects. We know that a few months ago, there have been many projects of different categories that are being created under Solana Blockchain. Many meme coins have been created as well and while many of them became successful like WIF, most of them ended up miserably.

Now that the hype has gone, investors will look out for the new project/s that are currently on hype right now.

[Madmax789]

Solana-based projects are popular because they combine speed, low fees, a thriving ecosystem, strong community support, and growing institutional credibility. These factors make Solana an attractive platform for developers, users, and investors looking for innovative, cost-effective blockchain solutions.